We are buyers towards 1.0890. | 27 5月 2022

27 5月 2022, EUR/USD

We are buyers towards 1.0890.

Wave Analysis:

The Euro is currently trading in an expanding wedge formation, the price has been rallying along the lower trendline at the corrective wave cycle four for a while now. Right now the price is rebounding towards the upper side, I expect it to upto around 1.0890 or eve much higher in continuation of the impulsive wave cycle five. If you are looking at this pair right now, pick a buy from 1.0754 towards 1.0890.

Trade Recommendations:

We are buyers towards 1.0890.

Bob Stan
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